Face-to-face meetings between the members of a family business is one of the most effective tools for improving communication, building cohesion, sharing values, creating traditions and, ultimately, increasing the chances…
Jared Kushner’s path to the White House has been cleared by a Justice Department opinion allowing him to work alongside father-in-law President Donald Trump without violating federal anti-nepotism laws. While…
Financial capital is essential for starting and maintaining a family business. But to keep it going over the long haul, the vital ingredient is intellectual capital. A family business leader…
The history of accounting starts when the history of business begins. Keeping track of money paid and received was probably the task for which writing itself was originally invented. That…
Have you ever heard someone say I EARNED a second chance? Or I MADE a second chance? What about I CREATED a second chance? No, not really. Generally, we say…
Many family business leaders never question whether to have a board of directors. If the business is set up as a corporation, most of the time it is legally required…
No family business is an island. Every family firm requires outside assistance from time to time, even if it is nothing more than help preparing a tax return or selecting…
Regardless of your political slant, you can’t ignore the drama surrounding the current political climate. It’s a mess. It might even be a little bit embarrassing. Inside each political party there…
Can you believe that January is almost behind us? That means February and Valentine’s Day are just around the corner! Unlike Christmas or Thanksgiving, however, we don’t know much about…